Midland, MI · standard
ZIP Code 48640
Midland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 32,690
- 125/sq mi High-density area
- $80,574
- Median income Near-median income area
- $200,700
- Median home value Near-median home value
- 39.4%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Midland pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 37%
- household income, US ZIPs
- 44th pct
- home value, US ZIPs
- 125
- people per sq mi
- 75%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48640 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 48640 (Midland, MI) rose +7.2% from 2023 to 2024. The all-transactions index moved from 171.4 in 2023 to 183.8 in 2024 (2000 = 100).
ZIP code 48640 is a densely settled ZIP (a standard USPS delivery area) in Midland, Midland County, Michigan, with 32,690 residents across 261.5 square miles, a density of 125 people per square mile, in the Detroit time zone.
ZIP 48640 lands in the middle-income range, with a median household income of $80,574 (10% above the average Michigan ZIP), while per-capita income is $44,720. The poverty rate is 12.2%, with unemployment at 5.1%; those measures add context to the income figure. Median home value is $200,700 (9% below the average Michigan ZIP) and median rent is $954; 75.0% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 39.4% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 24 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Midland County, so 48640 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 48640
Top 5 sectors by establishment count in Midland, MI
Which industries have the most business establishments in ZIP 48640.
- Health care and social assistance
Health care and social assistance
246 establishments
- Retail trade
Retail trade
135 establishments
- Other services (except public administration)
Other services (except public administration)
110 establishments
- Accommodation and food services 92
Accommodation and food services
92 establishments
- Professional, scientific, and technical services 80
Professional, scientific, and technical services
80 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48640, Midland, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
32,690
Population
261.5
Area (sq mi)
125
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48640?
40.2
Median Age
48.8%
Male
51.2%
Female
3.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$80,574
Median Household Income
+10% vs state ZIP avg
$44,720
Per Capita Income
12.2%
Poverty Rate
5.1%
Unemployment Rate
23.8 min
Mean Commute Time
How ZIP 48640 ranks nationally
Midland, MI household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$80,574 Top 37% higher than 63% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
14,469housing units
14,469
Total Housing Units
13,722
Occupied Units
747
Vacant Units
2.33
Avg Household Size
Occupancy Type
$200,700
Median Home Value
-9% vs state ZIP avg
$954
Median Rent
1973
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.2%
YoY Change (2024)
184
HPI Index (2000 = 100)
+84%
Total Change Since 2000
Home values in ZIP 48640 have increased 7.2% over the past year (2024). Since 2000, this ZIP has seen +84% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 122 |
| 2021 | +10.6% | 135 |
| 2022 | +20.3% | 163 |
| 2023 | +5.4% | 171 |
| 2024 | +7.2% | 184 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 981 business establishments in ZIP 48640, employing approximately 18,756 people with a combined annual payroll of $1,384,610,000.
981
Businesses
18,756
Employees
$1.4B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 246 | 25.1% |
| Retail trade | 135 | 13.8% |
| Other services (except public administration) | 110 | 11.2% |
| Accommodation and food services | 92 | 9.4% |
| Professional, scientific, and technical services | 80 | 8.2% |
| Finance and insurance | 73 | 7.4% |
| Construction | 64 | 6.5% |
| Administrative and support and waste management and remediation services | 50 | 5.1% |
| Real estate and rental and leasing | 31 | 3.2% |
| Manufacturing | 24 | 2.5% |
| Wholesale trade | 17 | 1.7% |
| Arts, entertainment, and recreation | 16 | 1.6% |
| Information | 14 | 1.4% |
| Transportation and warehousing | 10 | 1.0% |
| Educational services | 8 | 0.8% |
| Management of companies and enterprises | 4 | 0.4% |
| Industries not classified | 4 | 0.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 48640 vs 48667 →
ZIP 48640 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48640
Midland (48640)
32,690 residents
- 48642
Midland (48642)
32,277 residents
- 48657 7,981
Sanford (48657)
7,981 residents
What this shows Among its immediate neighbors, ZIP 48640 ranks the most populous - useful context the national average alone can't give.
ZIP 48640 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48640
Midland (48640)
$80,574 median income
- 48642
Midland (48642)
$77,847 median income
- 48657
Sanford (48657)
$72,500 median income
What this shows By household income, ZIP 48640 ranks the highest of 3 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48640, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (32,690 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Midland County
Related Areas
Frequently Asked Questions
What county is ZIP code 48640 in?
ZIP code 48640 (Midland) is located in Midland County, Michigan. Midland County contains multiple ZIP codes, see the full list at /counties/midland-mi.
What is the population of ZIP code 48640?
ZIP code 48640 in Midland, MI has a population of 32,690 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48640?
The median household income in ZIP 48640 is $80,574, which is 6% above the national average of $76,288.
What is the average home value in ZIP 48640?
The median home value in ZIP 48640 is $200,700, which is 28% below the national average of $278,155.
What is the demographic makeup of ZIP 48640?
The largest racial group in ZIP 48640 is White at 89.9%. Hispanic or Latino residents make up 3.9% of the population.
How many businesses are in ZIP code 48640?
ZIP code 48640 has 981 business establishments employing approximately 18,756 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48640?
The top industries by establishment count in ZIP 48640 are: Health care and social assistance (246), Retail trade (135), Other services (except public administration) (110). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 48640?
According to the FHFA House Price Index, home values in ZIP 48640 increased by 7.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 84%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 48640?
In ZIP code 48640, 64.7% of residents aged 25+ have a high school diploma or higher, and 39.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 48640?
The mean commute time for workers in ZIP code 48640 is 23.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48640?
In ZIP code 48640, approximately 75.0% of occupied housing units are owner-occupied and 25.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48640?
The poverty rate in ZIP code 48640 is 12.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 48640's numbers, next.
- See how ZIP 48640 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Midland, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.